About PERSUIT
PERSUIT is a company based in New York (United States) founded in 2016.. PERSUIT has raised $20 million across 1 funding round from investors including OpenView. PERSUIT has completed 1 acquisition, including Apperio. PERSUIT offers products and services including PERSUIT Platform and Rate Review Pro. PERSUIT operates in a competitive market with competitors including Clio, Smokeball, Litify, Aderant and MyCase, among others.
- Headquarter New York, United States
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Sectors
Professional & Legal Services
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Phone
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Website
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Social
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Products & Services of PERSUIT
PERSUIT offers a comprehensive portfolio of products and services, including PERSUIT Platform and Rate Review Pro. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for selecting and managing outside counsel services
Software for reviewing and negotiating legal rates
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Funding Insights of PERSUIT
PERSUIT has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $20.0M
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First Round
First Round
(07 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - PERSUIT | Valuation | OpenView |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PERSUIT
PERSUIT has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include OpenView. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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US expansion-stage companies are invested in by OpenView.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PERSUIT
PERSUIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Apperio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Legal spend is tracked and managed via Apperio's software platform.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PERSUIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Persuit Comparisons
Competitors of PERSUIT
PERSUIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clio, Smokeball, Litify, Aderant and MyCase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Legal practice management software is provided for law firm operations.
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| domain | founded_year | HQ Location |
Cloud-based software for managing legal practices is provided.
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| domain | founded_year | HQ Location |
Cloud-based legal management software is provided for enterprises.
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| domain | founded_year | HQ Location |
Legal software for practice, matter, and financial management is offered.
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| domain | founded_year | HQ Location |
Cloud-based practice management software is offered for law firms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Persuit
Frequently Asked Questions about PERSUIT
When was PERSUIT founded?
PERSUIT was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is PERSUIT located?
PERSUIT is headquartered in New York, United States. It is registered at New York, New York, United States.
Is PERSUIT a funded company?
PERSUIT is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Oct 07, 2021.
What does PERSUIT do?
PERSUIT was founded in 2016 in New York, United States, and operates in the legal technology sector. Cloud-based enterprise console management software is offered to law firms, with features including legal procurement management, utilization optimization, RFP management, panel management, spend management, legal project management, and workflow automation. Operations focus on streamlining administrative processes for legal operations across various functions.
Who are the top competitors of PERSUIT?
What products or services does PERSUIT offer?
PERSUIT offers PERSUIT Platform and Rate Review Pro.
How many acquisitions has PERSUIT made?
PERSUIT has made 1 acquisition, including Apperio.
Who are PERSUIT's investors?
PERSUIT has 1 investor. Key investors include OpenView.
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